Experts warn Australia's property market slump will further decline | Sky News Australia

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Economists are predicting markets will continue to fall, anywhere between 20 to 25 per cent before the Australian property market builds strength.

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Quite easy to believe. Feb and we’ve already seen Sydney come off 15%. Highest house hold debit in the world, some of the dearest houses in the world, zero wages growth, Chinese demand has dried up. What took Sydney and Melbourne house values to these levels anyway? overvalued

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